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Goldman’s Jeff Currie On SLV: Either Ignorant Or Willfully Mendacious

by irdadmin | Feb 13, 2021 | Financial Markets, Market Manipulation, Precious Metals

CNBC interviewed Goldman Sachs’ Jeff Currie – the head of global commodity research at GS – regarding the potential for the silver market to be squeezed. In the segment Currie made the argument that on the Comex:  “the shorts are the ETFs...

Most Idiotic Comment Ever? “Sell Gold Because Inflation Will Spike”

by irdadmin | Nov 11, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

Stanley Druckenmiller said:  “I sold all my gold (sic) on the night of the election” because he sees inflation spiking and that will force money(sic) out of gold…hmmm….sell gold because you see inflation coming?  That has to be the most idiotic...

Fox News Goes Full Retard On Gold

by irdadmin | Jun 21, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals

We’re very bullish on gold, which is the anti–paper money, of course, and is underowned by investors around the world. – Paul Singer, Elliot Management Corp I keep Fox Business channel on because it has the best tv “ticker scroll” for monitoring...

Jim Cramer Needs To Be Shut Down And Investigated For Illegal Stock Promotion

by irdadmin | Mar 8, 2016 | Financial Markets, Market Manipulation

“No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”  –  Jim Cramer on CNBC’s “Mad Money” on March 11, 2008. Three days later, on March 14,...

The Financial Markets Are One Big Cartoon Network

by irdadmin | Jan 14, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

It seems to never end.  The markets do the opposite of what would be expected based on common sense and on undeniable evidence about the fundamentals.   Just this morning, for instance, the S&P 500 pops up overnight and then promptly goes red after the NYSE opens....
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